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A Cadillac Escalade EV Is One Way To Lose Nearly $50,000 After Just 13K Miles
Luxury vehicles have never been immune to depreciation, but the latest sale of a nearly new Cadillac Escalade IQ shows just how punishing the first year of ownership can be for high-end EVs. After covering just 13,000 miles, a 2025 Escalade IQ Sport 2 changed hands for $105,000 despite carrying a window sticker of more than $152,000 when new. That’s roughly $47,000 that just went up in smoke over what amounts to barely a year’s worth of driving.Sold on Bring a Trailer on July 19, the Flare Metallic example attracted 24 bids before the hammer fell at $105,000. While that’s still a six-figure SUV, it’s approximately 31 percent below its original MSRP of $152,365. Put another way, the original buyer, if they paid MSRP, lost $3.64 for every mile that this SUV was on the road. That doesn’t account for electricity, insurance, or maintenance.Review: Cadillac’s 2026 Escalade IQ Nails The Entrance, Then Spends A Week Undoing ItThe sale highlights a trend that’s become increasingly common across premium electric vehicles. Buyers willing to shop the used market can often save tens of thousands of dollars while getting a vehicle that’s barely broken in. This particular Escalade IQ wasn’t exactly a stripped-down example either. It featured Cadillac’s dual-motor all-wheel-drive powertrain producing up to 750 hp (559 kW) and 785 lb-ft (1,064 Nm) of torque in Velocity Max mode, fed by a massive 205-kWh battery pack.